Hawaii Real Estate | Hawaii Relocations | Hawaii Home Buying & Selling


Your Hawaii VA Home Loan Process | HAWAII Military Relocations

Active Duty or Veterans of the Armed Forces have their VA Home Loan benefits for a little or no money down loan program to purchase a Hawaii home . (provided they are within lender guidelines).

The Veteran’s Administration is not a loan company and you will still have to get preapproved for a loan from a local lender. VA guarantees the Local Lender that they will reimburse the lender a percentage should the veteran default on their loan. (not that you will right?)

The following steps are what this Real Estate Professional helps you with in order to make your Relocation to Hawaii, Real Estate Home Buying Experience and VA Loan Process a smooth process.

·         Contact a Local Hawaii Lender (if you do not have one I can refer you to a few who are well qualified in the State of Hawaii) to submit your information and documents to get preapproved for your VA Home Loan. Let the  Loan Officer know what you are comfortable with for monthly mortgage payments as this helps determine what price range for properties you should be looking for. The loan officer will let you and your REALTOR®  know what you are preapproved for and in what price range to search for properties.

·         Let your agent know what other criteria you are looking for. For example,  # bedrooms, # of baths, sq. ft. interior or land, parking, single family or condo/townhouse that you desire.  With your price range determined and your criteria in place your REALTOR® will have enough information to send you listings to start your Hawaii Home Search

·         Get all your financial paperwork together so you are prepared when you arrive.  Pack your important documents in your carry on bag including last two months bank statements, last two years W-2’s, complete month of LES’s (pay stubs) and important documents you will need to submit for your loan!  (Get a list of documents you’ll need from your loan officer that you already have in place)

·         Start your loan process before you get here so you will have everything in place when you submit an offer for a loan. The loan process is the lengthy and of course an important part of the transaction so it is better to be proactive in your process. You will also NEED a preapproval letter to submit with the Purchase Contract as well.

·         Appointments are made by this Realtor® and off we go in search of your new home!  When you decide that you would like to put in an offer we will go through the whole 12 page (plus addendums) Purchase Contract and submit it to the seller’s agent to present to the seller.

·         Offer is accepted and your VA Loan Process begins!  You will meet with your Loan Officer to submit any other documentation needed for your VA Loan process packet. Then it goes to Underwriting to process the initial packet and order the appraisal with a VA approved appraiser.

·         The Condominium and/or Subdivision Association Documents will be ordered immediately after acceptance of the offer and in the buyer’s hands within 10-14 days after acceptance. This agent will make copies of the Budget, last three Association minutes and the Property Information form (RR105C) and submit it to the lender. They need these documents per VA Loan Guidelines and process for your loan.  (these documents will show how the Association budgets their money in reserve. % of owner occupants, any pending concerns or litigation going on and so forth)

·         VA Appraiser submits the appraisal report to VA and VA will issue their NOV (Notice of Value) There may or many not be conditions to fulfill (i.e. any repairs needed) and will have a value on the property as determined by the appraiser5.

·         Provided your loan process goes smoothly you should have a Conditional Loan Commitment Letter within 3-4 weeks in contract. This is an approval of your loan with Conditions. Maybe you need to submit a couple of more documents or the appraisal is not in yet or the survey and termite inspection are not done yet. These are the types of conditions that will be listed on this letter.

·         Within two weeks after the Conditional  Loan Commitment letter is issued all the conditions should be complete for signing documents with escrow and the loan officer. Not to worry! I attend all signings with you.


In Hawaii, we do not sign at the same time as the Seller due to conflict of interest and we sign approximately four – five days before recording. After the signing, the loan officer takes the notarized and signed documents to go through processing and within 2.5 days the Lender should have funded the money for your loan to the escrow company.

When escrow receives all monies funded by the lender , then they will take the documents to the Bureau of Conveyances in Honolulu to record. The Bureau of Conveyances needs two days for recording  and we usually get word between 8-10am.

At that time of recording clearance, the home is legally yours and I will have already retrieved all keys, garage door openers and documents pertaining to the house in hand.


You are a new homeowner!


Remember…our relationship does not stop here. I am always here to answer any questions or concerns you may have and help you with all your real estate needs.





Celeste "Sally" Cheeseman  is a Realtor-Associate® and Certified Residential Specialist (CRS) with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs  she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.


 © 2007-2015 Celeste "Sally" Cheeseman's

Hawaii Real Estate and Relocation Blog.

All rights reserved.





Comment balloon 14 commentsCeleste "SALLY" Cheeseman • December 17 2011 04:40PM
Your Hawaii VA Home Loan Process | HAWAII Military Relocations
Active Duty or Veterans of the Armed Forces have their VA Home Loan benefits for a little or no money down loan program to purchase a Hawaii home (provided they are within lender guidelines). The Veteran’s Administration is not a loan… more
MILILANI Home for Sale! | 94-095 Makapipipi Place Mililani | Mililani…
MILILANI HOME FOR SALE! Overview Maps Photos Description Neighborhood &… more
Common ‘Mistakes’ or Blatant Disregard for Our Real Estate Industry?
There are Laws we learn in Real Estate School and that we PRACTICE every day as licensees. I admit it…I AM ANAL about abiding by our Real Estate Laws and following our COE. There are no cutting corners in real estate for me and it irritates me when… more
That First Impression That Sets Us Apart from Others
Sometimes, we just get ONE chance to ‘prove ourselves’ during that initial meeting on the phone or in person. It could be a call from a Military Family Relocating to Hawaii and inquiring about their VA Loan home loan benefits and buying a… more
Hawaiian Sunset on a Friday Evening
I was in awe! I ran to grab my camera! I could not ask for a better way to end my day.. than with a spectacular sun setting in the distance…. and capturing this moment to share with all of you. These are the moments when I stop…take a breath.. more
MAKE Your ActiveRain Blog POP!
Blogging on ActiveRain has been a long road that brought me business as well as connecting with my peers. Blogging meant that I make my own ‘POP’ with content that will attract readers who wanted to know more about real estate, my local area and… more
What Am I Thankful For?
I am thankful for clicking on the Contest Announcement and realizing that this theme is something I would definitely like to write about. ~~~~~~~~~~~~~~~~~~~ Thanksgiving Day is a time when we all think about what we are thankful and… more
Pointing Fingers at Others and Ten Will Point Back at You
It’s one thing to be aware of other’s imperfections. It's definitely another story to see the flaws in another and then turn around and poke fun at them or call them names. Who REALLY is the ‘Professional’ here? Everyone has unique… more
Sentimental Thoughts on a Fig Tree
I’m one of those people that gets a little…just a little… attached to most living things. It may sound silly although when I put my heart and soul into nurturing a living thing it becomes a part of me. It’s who I am and definitely stands for the… more
Halloween at Mililani Shopping Center!
Century 21 Liberty Homes is located in the Mililani Shopping Center at 95-221 Kipapa Drive Ste E-3, Miliani Town, Hawaii 96789. While doing some work I happened to look out the front window and saw the preschoolers dressed in their Halloween… more
Preventative Measures for Potential Problems
We live in a Townhouse Community and as all other Association we not only have rules to follow but rules of our own as well. After past issues with leaks of our own as well as from our neighbors we found out QUICKLY what we need to do to ensure… more
Good Client Relationships Start With Awareness
More often than not, we all would like to have a good client relationship where everything went smoothly from that first initial meeting until the transaction closes. More often than not, it just does not happen that way. Why? We do not… more
The Miracles of Life
We all know that the Miracle of Life is indeed the biggest miracle of all. In our lives we know that we are given life, we live our lives and then we pass away. I believe it’s what we do in between is what matters the most so therefore, I live my… more
Ewa Gentry Hawaii Communities - Affordable Prices in Paradise!
The Ewa Beach, Oahu, Hawaii area grew and developers built many new construction homes starting from the early 1990's. The communities in Ewa bloomed with the housing boom and there were several styles, communities and townhomes to be had during… more
Relationship Building for Better Business Practices
We, as business professionals have different opinions, ideas and other creative techniques for targeting specific niche markets. In my “real estate world” I have the ability to change like a chameleon for each relationship and corner of our… more
Kau'i'la, The Hawaiian Green Sea Turtle
DID YOU KNOW? The Hawaiian Green Sea Turtle The HONU (pronounced ho new) is the "Ancient of the Ocean" and survived even the Ice Age. Hawaiian legends tell a tale of Kau'i'la (cow ih la) who is a mystical sea turtle and a… more
MILILANI HOME SALES | Hawaii Homes Market Report
MILILANI HOME SALES | Hawaii Homes Market Report August 2011 The housing market for Hawaii and it's local areas and neighborhoods are what determines good market statistics. Each neighborhood will determine the housing market for your… more
ActiveRain Stewardship and Holding Self to Higher Standard
Four and a half years ago I wrote a post here on ActiveRain titled Stewardship: The Way to a PLEASANT Blogging Experience The idea was from a post from a comment thread in which our own Bob Stewart - ActiveRain talked about holding ourselves… more
A Sight for Sore Eyes with a Gift That Will Keep on Giving
My mom has a green thumb. She can just put a dying rose plant from my patio.. in a pot… to her sidewalk and it grows like never before. She can trim a branch from a bush and it roots every time. My mom just has a way with plants. She says… more
Homes Don’t Always Sell Fast
Randy brings up a few points on why homes may not be selling as fast in Hawaii. There are some that would apply to nationwide home selling but being next to a pig farm (or chicken for that matter) would reduce the chances of selling quickly even… more